Delaware County Community College Educational Foundation
- Assets
- $6.4m
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Media, PA
- Founding
- 11/1980
- Data as of
- 06/2022
- EIN
- 23-2143790
Organization Overview
Delaware County Community College Educational Foundation is located in Media, PA. The organization was established in 1980. According to its NTEE Classification (B41) the organization is classified as: Two-Year Colleges, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Delaware County Community College Educational Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Delaware County Community College Educational Foundation generated $1.2m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.6%) each year. All expenses for the organization totaled $1.1m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (9.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE RESOURCES IN SUPPORT OF ACTIVITIES AT DELAWARE COUNTY COMMUNITY COLLEGE
Describe the Organization's Program Activity:
Part 3 - Line 4a
ALLOCATIONS TO SUPPORT ACTIVITIES AT DELAWARE COUNTY COMMUNITY COLLEGE.
SCHOLARSHIPS AWARDED TO STUDENTS OF DELAWARE COUNTY COMMUNITY COLLEGE - 424 INDIVIDUALS
OTHER EXPENSES IN PROVIDING ASSISTANCE TO DELAWARE COUNTY COMMUNITY COLLEGE, AND THE FOUNDATION SCHOLARSHIP AWARD CEREMONY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donna M Stilwell Vice Chair Through June | OfficerTrustee | 1.5 | $0 |
Brian W Coyle Chair | OfficerTrustee | 1.5 | $0 |
Patricia Benson VP For Finance & Admin/treasurer | Officer | 5 | $0 |
Rachael Patten Executive Director Through Dec | Officer | 5 | $0 |
Dr L Joy Gates Black College President | Officer | 5 | $0 |
Michael Shippam Interim Executive Director As Of March | Officer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $58,475 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $804,230 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $862,705 |
| Total Program Service Revenue | $0 |
| Investment income | $145,398 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $218,052 |
| Net Income from Fundraising Events | -$3,902 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,222,253 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $249,439 |
| Grants and other assistance to domestic individuals. | $671,555 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $7,500 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,078 |
| Fees for services: Accounting | $9,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $125,965 |
| Fees for services: Investment Management | $28,750 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $4,405 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $13,076 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,111,268 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,160,475 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $598,439 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $4,599,755 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,358,669 |
| Accounts payable and accrued expenses | $24,916 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $24,916 |
| Net assets without donor restrictions | $210,309 |
| Net assets with donor restrictions | $6,123,444 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $6,358,669 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Delaware County Community College Educational Foundation has recieved totaling $74,767.
| Awarding Organization | Amount |
|---|---|
Justamere Foundation Wilmington, DE PURPOSE: DUAL ENROLLMENT 3 YEAR PROGRAM FOR HVAC STUDENTS - SCHOLARSHIP FUND | $69,750 |
Justamere Foundation Wilmington, DE PURPOSE: DREAMKEEPERS FUND | $5,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $17 |
Endowment Analysis
| Beg. Balance | $2,544,818 |
| Net Contributions | $73,043 |
| Ending Balance | $2,617,861 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Maria College Albany, NY | $31,705,663 | $17,053,225 |
Villa Maria College Of Buffalo Buffalo, NY | $9,472,664 | $15,072,401 |
Christ College Of Nursing Andhealth Sciences Cincinnati, OH | $10,994,626 | $16,669,063 |
Monroe Community College Assn Inc Rochester, NY | $45,662,437 | $9,260,852 |
Northampton County Area Community College Foundation Bethlehem, PA | $90,958,462 | $10,129,172 |
Montgomery College Foundation Inc Rockville, MD | $114,232,820 | $9,502,498 |
Rural Regional College Of Northern Pennsylvania Warren, PA | $5,615,741 | $6,853,923 |
The Chatfield Edge St Martin, OH | $13,777,194 | $3,802,569 |
Faculty Student Association Of Hudson Valley-Community College Troy, NY | $21,516,761 | $4,749,556 |
Dutchess Community College Association Inc Poughkeepsie, NY | $29,032,305 | $3,364,848 |
Howard Community College Educational Foundation Inc Columbia, MD | $15,584,506 | $3,702,279 |
Faculty Student Association Of Nassau Community College Inc Garden City, NY | $3,142,669 | $4,037,426 |